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Board of Peace to Unveil $5 Billion Gaza Pledges at Feb. 19 Washington Summit

The UN‑backed effort now confronts questions over its charter alongside a steep $70 billion reconstruction gap.

Overview

  • President Trump said member states will formally announce more than $5 billion for Gaza relief and rebuilding at the inaugural meeting at the Donald J. Trump Institute of Peace in Washington.
  • Trump also said countries have committed thousands of personnel to a UN‑authorized stabilization force and local policing, with Indonesia expecting up to 8,000 troops ready by late June.
  • Israeli Foreign Minister Gideon Sa’ar will represent Israel at the meeting after Prime Minister Benjamin Netanyahu advanced his Washington trip; Israel has accepted membership on the board.
  • Participation remains uneven as several Western allies stay cautious, and media reports of a $1 billion fee for permanent seats have drawn pay‑to‑play criticism of the board’s structure.
  • UN, World Bank and EU estimates put Gaza’s reconstruction needs near $70 billion, underscoring the funding shortfall and the plan’s conditions tied to phased Israeli withdrawal and Hamas disarmament.